While it was bad news for Macys and JCPenney, it was a a strong quarter for for Walmart and Target. Nordstrom and L Brands and Dicks Sporting Goods also posted strong reports. Yahoo Finance's Emily McCormick joins Yahoo Finance to break down the details.
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
A bigger COLA may sound great, but it has some big drawbacks for retirees too.
Real estate mogul Grant Cardone took aim at the Biden administration's proposed 25% tax on unrealized gains on taxpayers with wealth greater than $100 million, asking his followers on X to imagine the value of their homes or stocks increasing $400,000. "YOU would owe $25,000 without selling," Cardone posted. "Another attempt to destroy middle-class America." The Budget of the United States Government for fiscal 2025 proposes a new minimum tax on income and unrealized capital gains — for the smal
Tesla has adjusted its model lineup in a bid to boost sales of its most popular vehicle. The new version is more attractive than the old—and looks like a good deal—while tax credits continue to skew value in the U.S. electric-vehicle market. Over the weekend, Tesla added a long-range rear-wheel drive Model Y to its website that gets about 320 miles of range per charge.
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
The last inflation report, which came in worse than expected, had investors worried about the Federal Reserve’s plans for interest rates this year. The central bank held rates steady in its most recent decision, cooling fears that a hike is in the offing. When combined with moderate gains in the Q1 earnings reports, it makes sense that we saw stocks rebounding as confidence in the market was restored. However, according to JPMorgan’s chief market strategist Marko Kolanovic, we’re not out of the
Unfortunately, it's a sum that indicates that many 50-somethings' savings need work.
M2 money supply hasn't done this in nine decades.
In some ways, Coca-Cola is still in recovery mode.